$MOVE USDT - BULLISH BREAKOUT CONFIRMED! š
Here's a quick technical analysis of the $MOVEUSDT chart:
Key Levels:
* Current Price: 0.1477 š¢
* Immediate Resistance: 0.1480 (The green box to the right, which the price is currently challenging and attempting to break above).
* Target Resistance: 0.1501 (The upper green box, a significant price target if the breakout sustains).
* Immediate Support: 0.1475 (The grey line, acting as crucial immediate support).
* Strong Support: 0.1460 - 0.1457 (The red line and the blue shaded area below, representing a key support zone in case of a pullback).
Trade Setup:
Given the clear bullish momentum and the ongoing attempt to break above immediate resistance, we are looking at a LONG entry.
* Entry: Consider entering around 0.1477 - 0.1480 (looking for a confirmed break and retest of 0.1480 as support, or direct entry if momentum is strong).
* Target 1 (TP1): 0.1490 šÆ
* Target 2 (TP2): 0.1500 š
* Stop Loss (SL): 0.1470 š (Just below the immediate support, ensuring minimal risk).
Risk Management:
Always adhere to a strict risk management plan. Set your stop-loss before entering any trade and never risk more than a small, predefined percentage (e.g., 1-2%) of your trading capital on a single trade. This disciplined approach is crucial for capital preservation and long-term success. š”ļøš°
#IsraelIranConflict #BinanceAlphaAlert #MetaplanetBTCPurchase #IsraelIranConflict #MetaplanetBTCPurchase $MOVE